Fed needs to work harder to rebuild public trust – Fed’s Kashkari

Fed’s Kashkari, while speaking to FT, said the bank bailouts were the root causes for loss of trust and the central bank needs to work hard to build public trust.

Key points

The Fed needs to do a better job in letting people see in

Yellen is trying to do the right thing for the country

UK: Steady performance from the labour market - TDS

Research Team at TDS, suggests that the UK labour market showed steady performance in the three months to December.
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EUR/JPY further downside expected in the longer run – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the cross could face further declines in the long-term horizon...
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